Reinsurance News

European ‘Big Four’ maintain property cat appetite in 2025: AM Best

The European “Big Four” reinsurers—Swiss Re, Munich Re, Hannover Re and SCOR—still have appetite for property catastrophe, despite market conditions beginning to show signs of softening, according to a recent AM Best report. The ratings agency not...

Posted: Aug 29, 2025

HDI Global appoints Nikita Tikhonov as Head of Marine Global Risk

HDI Global, a commercial and specialty lines insurer, has announced the appointment of Nikita Tikhonov as its new Head of Marine Global Risk, effective 1st September, 2025. Based at HDI Global’s Hannover, Germany headquarters, Tikhonov will...

Posted: Aug 29, 2025

Swiss Re’s Urs Baertschi calls for stronger collaboration to manage rising nat cat losses

Urs Baertschi, CEO of Property & Casualty Reinsurance at Swiss Re, recently shared his perspective on the challenges and opportunities facing the insurance industry in 2025. Reflecting on his personal aversion to roller coasters, Baertschi com...

Posted: Aug 28, 2025

Guy Carpenter names Goodman Chief Client & Growth Officer

Guy Carpenter, a Marsh McLennan business, has announced the appointment of Jeremy Goodman as Chief Client & Growth Officer, a newly created global role. Based in New York, Goodman will be reporting to Dean Klisura, President & CEO of Guy C...

Posted: Aug 28, 2025

Reinsurers’ catastrophe appetite slows in 2025 as pricing softens: S&P

Although reinsurers continue to expand their natural catastrophe business, the pace of growth has slowed from last year and is expected to remain subdued in 2026 as pricing conditions soften, according to a recent report by S&P Global Ratings....

Posted: Aug 28, 2025

Record $121bn alternative capital signals further growth in ILS market: Aon

Aon’s latest report has revealed that alternative capital surged to a record $121 billion by June 30, 2025, as cedents increasingly turn to solutions beyond the traditional reinsurance market. H1 2025 saw the structuring of 56 catastrophe bonds wi...

Posted: Aug 28, 2025

US cyber insurance market sees first decline in premiums since 2018, QualRisk reports

According to the 2025 US Cyber Insurance Monitor (UCIM) from the advisory firm QualRisk Cyber Insurance Center (QCC), the US cyber insurance market experienced its first reduction in reported premiums since the NAIC began collecting data in 2018....

Posted: Aug 28, 2025

McKenzie Intelligence Services and Eagleview partner to support cat response for insurance industry

McKenzie Intelligence Services (MIS), a provider of geospatial intelligence, and Eagleview, a developer of advanced geospatial technology, have announced a collaboration to strengthen the insurance industry’s capabilities in responding to large-sc...

Posted: Aug 28, 2025

Accelerant’s net income soars 242% to $13.1m in Q2’25

Accelerant Holdings has reported a net income of $13.1 million for the second quarter of 2025, marking a 242.4% increase from a net loss of $9.2 million in the same period a year earlier. Total revenues for the quarter reached $219.1 million, up f...

Posted: Aug 28, 2025

ILS market continues to break records: Fitch Ratings

Insurance linked securities (ILS) capital has continued to break records in 2025, according to a recent report by Fitch Ratings, with catastrophe bonds issuance reaching unprecedented numbers, total alternative capital also hitting a record high,...

Posted: Aug 28, 2025

Talanx expands Stephanie Bode’s role in reinsurance leadership

Talanx Group, the German insurance and reinsurance group and parent company of HDI Global, has expanded Stephanie Bode’s responsibilities within its Reinsurance division. Bode will continue as Head of Reinsurance at HDI Global while also taking on...

Posted: Aug 28, 2025

Cyber incident response planning a key control in reducing cyber risk: Marsh

Cyber incident response planning has emerged as a key cybersecurity control in reducing the likelihood of a breach-related claim, according to a new report from the Cyber Risk Intelligence Center (CRIC) of Marsh McLennan. The report found that org...

Posted: Aug 28, 2025

Aon appoints Tom Anderson as Head of Professional Services

Aon, a global insurance and reinsurance broking group, has appointed Tom Anderson as Head of Professional Services, Global Broking Centre (GBC), London. In his new role, Anderson will be responsible for leading and overseeing strategic advisory, o...

Posted: Aug 28, 2025

Reinsurance growing as a strategic capital and risk management tool: AM Best

US life and annuity (L&A) insurers are increasingly turning to reinsurance as a strategic capital and risk management tool, with leverage ratios climbing steadily over the past decade, according to a new report from AM Best. In a new report, t...

Posted: Aug 28, 2025

Gallagher Re names Xander Georgetti as Executive Director, Specialty Lines UK

Global reinsurance broker Gallagher Re has announced the appointment of Xander Georgetti as Executive Director within its Specialty Lines UK team. In his new role, Georgetti will be responsible for the production and placement of Credit, Surety, a...

Posted: Aug 28, 2025

The Hanover broadens life sciences solutions for small businesses

The Hanover Insurance Group, Inc. has expanded its Business Owner’s Advantage product to meet the evolving needs of the life sciences industry. The expanded suite is designed for early-stage and smaller businesses, offering customised covera...

Posted: Aug 28, 2025

Conduit Re strengthens underwriting team with key promotions and new hire

Bermuda-based reinsurer Conduit Re has strengthened its underwriting team with the promotion of Angus Hampton to Head of Casualty, the expansion of Peter Kiernan’s role to include broker and client management, and the strategic hire of David Frawl...

Posted: Aug 28, 2025

PERILS expands Wind-Jeannie to Japan, updates all existing models

Zurich-domiciled catastrophe insurance data provider PERILS has launched Wind-Jeannie Japan, a new platform providing real-time industry loss forecasts for typhoons in the country. The product provides industry loss forecasts for typhoon events fo...

Posted: Aug 28, 2025

Kingdom of Lesotho receives payout under ARC sovereign drought parametric policy

African Risk Capacity Limited (ARC), a specialised agency of the African Union, has issued an insurance payout of $2,767,958 to the Government of the Kingdom of Lesotho, after its sovereign drought insurance policy for the 2024/25 agricultural sea...

Posted: Aug 28, 2025

AUB international business sees AUD 104.1mn pre-tax profit for FY25

Australian insurance broker AUB Group has released its 2025 financial year results, reporting that its international business unit, which includes Tysers, reported a pre-tax profit of AUD 104.1 million, a 7.6% increase from the same period last ye...

Posted: Aug 28, 2025

Peak Re’s GWP climb 25% to $1.1bn in H1’25

Fosun International Limited has released the unaudited results for Hong Kong-based global reinsurer Peak Re for the first half of 2025, reporting gross written premiums (GWP) of $1.06 billion, a 25.1% increase compared to the same period a year ea...

Posted: Aug 27, 2025

Chariot Re appoints Reena Pally as Chief Investment Officer

Chariot Re, a newly established Bermuda-based life and annuity reinsurance company, has appointed Reena Pally as Chief Investment Officer, effective 1st September 2025. Chariot Re launched in 2025 with co-sponsorship from MetLife and General Atlan...

Posted: Aug 27, 2025

Reinsurer profitability dips in H1’25 amid higher losses and rising competitiveness

Fitch Ratings has reported that the 19 non-life reinsurers it tracks saw a decline in underwriting profits in H1 2025, and noted that premium growth in 2026 may be constrained by heightened competition and ongoing global economic uncertainties. Al...

Posted: Aug 27, 2025

Westfield appoints Henning Haagen as Chief Underwriting Officer

Westfield, a US-based property and casualty insurer, has announced the appointment of Henning Haagen as Chief Underwriting Officer (CUO), effective 2nd September 2025. Based in Westfield’s New York City office, Haagen will oversee the develo...

Posted: Aug 27, 2025

Everest the top Bermuda reinsurer in 2024 with GWP of $12.9bn: AM Best

Bermuda’s reinsurance sector maintained its global prominence in 2024, with several of its leading players climbing the premium rankings for non-IFRS 17 reporters, according to data from global rating agency AM Best. Our directory of the top 50 gl...

Posted: Aug 27, 2025